"Affordable" Compared To What?
It's more expensive to live in big cities than in little ones. That is normal. That is life. Is L.A. more expensive than other comparable cities?
Survey says . . . "NO!"
In June 2006, Mercer Human Resources Consulting reported the results of its cost-of-livng survey, which "covers 144 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment."
Moscow was the most expensive big city, with a score of 123.9; New York was No. 10, with a score of 100. Where did L.A. fit in? It was behind Tokyo, London, Paris, Singapore, Hong Kong, Zurich, Milan, Rome, Beijin, Tel Aviv, Helsinki, Vienna, Sidney, Taipei -- you get the idea. Los Angeles was No. 25 on the list, with a score of 86.7.
Still want to whine about the cost of housing? Still think we have a "crisis" that justifies raising our taxes? When you compare apples to apples, you get a different picture, huh?